Posted inCyprus, Germany, India, Middle East, New Zealand, Oceania, South Asia, World

‘Bail-in’ clause in new bill puts Indian depositors at risk

The winter session of the Indian Parliament was delayed because most of the cabinet was campaigning for the Gujarat Assembly elections in Prime Minister Narendra Modi’s home state. Now that the session has commenced, it is expected that there will be fireworks about some contentious provisions in the Financial Resolution and Deposit Insurance (FRDI) Bill. This […]

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